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Nigerian Banks

NCAA unveils online portal to streamline Nigeria’s drone permits

The Nigeria Civil Aviation Authority will launch its drone portal at DroneTecX 2026 in Lagos to digitize registration, certification and compliance for operators.

Passenger Bus Crashes Under Bridge on Lokoja-Okene Highway

KEY POINTS A passenger bus travelling from Jos to Lagos crashed under a bridge...

CBN Raises N7.85tn in OMO Bills Auction in November

CBN sold N7.85 trillion in OMO bills in November, drawing banks and foreign investors as it works to drain excess system liquidity.

CBN Orders Banks to Remove Misleading Adverts

The CBN has directed banks to remove misleading bank adverts, warning that deceptive promotional content threatens consumer trust and financial-market stability.

FG Threatens to Blacklist Banks Over N200 Billion USSD Debt

KEY POINTS FG will blacklist 18 banks on the principal of N200 billion USSD...

Senate Increases Windfall Tax on Banks to 70%

Nigerian Senate raises windfall tax on banks' foreign exchange gains to 70%, targeting redistribution of government-driven profits.

Banks’ Weekly Borrowing from CBN Soars to ₦5.38 Trillion Amid Liquidity Crunch

Nigerian banks' weekly borrowing from the CBN has surged to ₦5.38 trillion, reflecting increased liquidity demand and economic challenges.

GTCO Plans $750mn Rights Issue to Meet Capital Requirements

Nigeria’s Guaranty Trust Bank (GTCO) is gearing up to raise $750 million through a...

Nigerian Banks in Ghana Work to Resolve FX Trading Ban

Nigerian banks operating in Ghana are working with the Bank of Ghana (BoG) to...

Nigerian Banks Attract Record Deposits Amid Naira Crisis

Nigeria's major banks have seen a surge in customer deposits in the first nine...

CBN Mandates BVN, NIN Linking, Anticipates Customer Rush

CBN’s new BVN/NIN policy expected to cause a surge in bank and NIMC office visits across Nigeria.

Latest articles

NCAA unveils online portal to streamline Nigeria’s drone permits

The Nigeria Civil Aviation Authority will launch its drone portal at DroneTecX 2026 in Lagos to digitize registration, certification and compliance for operators.

Passenger Bus Crashes Under Bridge on Lokoja-Okene Highway

KEY POINTS A passenger bus travelling from Jos to Lagos crashed under a bridge...

13 Killed in Fresh Midnight Attack on Plateau Community

KEY POINTS Suspected gunmen killed at least 13 people in a midnight attack on...

Otedola scores N49.6bn paper gain as FirstHoldCo Q1 profit jumps 72 percent

Femi Otedola added N49.6 billion to his paper wealth as FirstHoldCo's stock jumped 10 percent on a 72 percent leap in Q1 profit.